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Security Profile
- Security Type
- Master Limited Partnership
- CUSIP
- 22758A105 (prev. 524814100 )
- Market Cap
- Mid Cap · $600 Million
- IPO
- 10/26/2012 · $20.00/unit
- Previous Symbol
- LGP (changed 10/6/2014)
- Previous Name
- Lehigh Gas Partners L.P.
Business: CrossAmerica Partners LP is a publicly traded master limited partnership formed to engage in the wholesale distribution of motor fuels, consisting of gasoline and diesel fuel, and to own and lease real estate used in the retail distribution of motor fuels. With the focus on metropolitan and urban markets, CrossAmerica Partners distributes motor fuel to locations in 24 states.
Notes: Oct. 1, 2014-- CST Brands, Inc. (NYSE: CST) and Lehigh Gas Partners (NYSE: LGP) today announced CST’s completion of the purchase of 100% of the membership interests of Lehigh Gas GP LLC, the general partner of Lehigh Gas Partners LP (NYSE: LGP) from Lehigh Gas Corporation and all of the outstanding IDRs of LGP. The aggregate consideration was $17 million in cash and 2.044 million shares of CST common stock. The companies also announced today that Lehigh Gas Partners LP has changed its name to CrossAmerica Partners LP effective today, October 1, 2014. October 6th, CrossAmerica will begin trading under the symbol CAPL and the partnership’s common units will continue to trade on the New York Stock Exchange.
Company Contact
- CEO
- Charles Nifong
- CFO
- Jonathan E. Benfield
- Headquarters
- 600 Hamilton Street, Suite 500, Allentown, PA 18101
- Phone
- 610-625-8000
- Investor Relations
- 610-625-8126 · info@caplp.com